Public Statements & Warnings

The FSC investigates all cases of possible unlicensed activity with a particular emphasis on the prevention of fraud.

This section aims to warn about individuals or organisations that may be offering unauthorised financial products or services. The FSC recommends that prior to entering into any financial or business arrangement with an individual or company holding out as being authorised by the FSC to operate in or from within the Turks and Caicos Islands, you should either check the authorisation listing on this website or contact us.

If you are aware of any individual or organisation purporting to be authorised by the Financial Services Commission when they are not, please contact us.

Public Statement No. 1 of 2013 (14th January, 2013)

The Turks and Caicos Islands Financial Services Commission (“The Commission”) considers it necessary to issue this public statement in order to protect the public interest, and the interests of any of the customers and creditors of the International Banking Group (TCI) Limited (hereinafter referred to as 'IBG'), and further to make the general public aware that IBG is no longer a licensee of the Commission.

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Public Warning No. 3 of 2012 (7th November, 2012)

The Turks and Caicos Islands Financial Services Commission (TCIFSC) considers it necessary to issue this public statement in order to protect the public interest, and the interests of any of the customers and creditors of Canada Trust Ltd, and further to make the general public aware that Canada Trust Ltd is no longer a licensee of the TCIFSC.

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Public Warning No. 2 of 2012 (28th August, 2012)

The Turks and Caicos Islands Financial Services Commission (TCIFSC) considers it necessary to issue this public warning in order to protect the public interest, and the interests of any of the customers and creditors of Grand Palm Ltd, and further to make the general public aware that Grand Palm Ltd. is no longer a compliant licensee of the TCIFSC.

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Public Warning No. 1 of 2012 (19th March, 2012)

The Turks and Caicos Islands Financial Services Commission has been made aware that First London International Ltd and/or individuals connected to it are claiming either directly or indirectly to be authorized to conduct financial services business in or from within the Turks and Caicos Islands.

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